South Bow (SOBO) Prepaid Assets (2023 - 2026)

South Bow (SOBO) posted Prepaid Assets of $409.0 million for Q1 2026, up 57.92% on a QoQ basis from $259.0 million in Q4 2025, and up 7.92% year-on-year from $379.0 million in Q1 2025.

South Bow (SOBO) Prepaid Assets (2023 - 2026) Analysis & Trends

South Bow has disclosed Prepaid Assets across 4 years of filings, most recently posting $409.0 million for Q1 2026.

  • Prepaid Assets for Q1 2026 came in at $409.0 million, up 7.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $409.0 million (up 7.92% YoY), and the FY2025 annual result was $259.0 million, down 24.05% from the prior year.
  • Prepaid Assets came in at $409.0 million for Q1 2026 at South Bow, up from $259.0 million in the prior quarter.
  • Over the last five years, Prepaid Assets for SOBO reached as high as $644.0 million in Q4 2023 and fell as low as $259.0 million in Q4 2025.
  • Median Prepaid Assets over the past 4 years was $409.0 million (2026), compared with a mean of $456.0 million.
  • Year-over-year, Prepaid Assets slumped 47.05% in 2024 and gained 7.92% in 2026.
  • Over 4 years, Prepaid Assets stood at $644.0 million in 2023, then tumbled by 47.05% to $341.0 million in 2024, then fell by 24.05% to $259.0 million in 2025, then surged by 57.92% to $409.0 million in 2026.
  • Per Business Quant, the three latest SOBO Prepaid Assets figures stand at $409.0 million (Q1 2026), $259.0 million (Q4 2025), and $604.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 South Bow - - 417.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 409.00 Mn
Dec 31, 2025 259.00 Mn
Sep 30, 2025 604.00 Mn
Jun 30, 2025 556.00 Mn
Mar 31, 2025 379.00 Mn
Dec 31, 2024 341.00 Mn
Dec 31, 2023 644.00 Mn